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TB MC Qu. 7-180 (Algo) Character Company, which uses the perpetual inventory... Character Company, which uses the perpetuat inventory method, purchases different letters for resale.
TB MC Qu. 7-180 (Algo) Character Company, which uses the perpetual inventory... Character Company, which uses the perpetuat inventory method, purchases different letters for resale. Character had a beginning inventory comprised of elght units at $3 per unit. The company purchased four units at $5 per unit in February, sold nine units in Octobet, and purchased three units at $6 per unit in December. If Character Compary uses the LIFO method, what is the cost of goods sold for the year? Muriple chaice $35 \$41 362 $27
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